Due to cost-of-living adjustments (COLAs), various limitations and amounts used for tax deductions, credits, and other purposes, the tax rules for 2021 will be slightly ...

The value of an ownership interest in a business may be worth a lot by the time an owner dies. For heirs, whether this interest ...

Congress is aiming for a tax bill to be enacted before Thanksgiving. It’s unclear what will be in the bill and when the provisions will ...

I’m proud to say it’s the 23rd year of the original publication, and it’s all new for 2016 returns and year-round tax planning. As had been ...

Tax experts, including myself, often write in generalities about tax actions that small business owners should take. The general advice may be fine for most ...

The tax law is not static, and there have been a number of changes affecting 2015 returns, as well as taxes in 2016. Since publication ...

Follow @BarbaraWeltman The clock is ticking and the year is winding down. Don’t let December 31 take you by surprise. Act now to solidify your ...

You should be. Tax planning is a year-round activity that can pay off handsomely when you compute your final tax bill for the year. As ...

This year, certain tax rules may be the tipping point in deciding which vehicle to buy.  Here are the rules you’ll want to keep in ...

Normally, a business’ tax planning for the year begins months in advance of the start of that year. Unfortunately, because of Congress’ inaction to extend ...